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Hearing Aid Clinics in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Hearing Aid Clinics Market Research Report | Life Sciences | Healthcare Services | Jul 2014

Loud and clear: An aging population and greater healthcare access will ring in demand

The Hearing Aid Clinics market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Amplifon USA Amplifon USA market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
3.4%
Annual Growth 14-19
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Profit
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Employment
12,796
Businesses
6,221
Industry Analysis & Industry Trends

The Hearing Aid Clinics industry has contracted slightly during the past five years as declines in insurance coverage and consumer income combined with rising hearing aid prices. During the next five years, however, the industry is expected to improve, largely due to the implementation of the Patient Protection and Affordable Care Act. In addition, the number of individuals suffering from hearing deficiencies is expected to remain high as a result of the diabetes epidemic, the rising use of mobile music devices and an aging US population.... purchase to read more

Industry Report - Industry Locations Chapter

The location of hearing aid clinics largely follows the geographic distribution of the population. The Southeast is home to 26.4% of industry establishments since this region accounts for roughly one-quarter of the US population. Additionally, Florida accounts for the second highest number of clinics by state, due in part to the numerous retirement communities located there. Hearing aid clinics have a tendency to be located near retirement facilities because 41.9% of consumers who wear hearing aids are older than 65.

The West and Mid-Atlantic account for 16.8% and 14.8% of hearing aid clinics, respectively. These two regions are also the second and third largest regions by population size... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Hearing Aid Clinics Industry?

This industry retails hearing aids for consumers of all demographics and ages. Industry operators also frequently provide hearing tests and consultation services within the store.

Industry Products
Analog hearing aidsDigital hearing aidsBatteries and accessories
 
Industry Activities
Selling hearing aid devicesProviding audiology examinationsProviding hearing consultation services


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